Is It Time to Redistribute the Wealth?
Open to Debate
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Are You Putting on the Table a Lot of Red Herrings?
I want to suggest as gently as I can that my very, very esteemed opponents are putting on the table a bunch of red herrings. In fact, probably the best way of generating revenue would be higher lemies on capital gains and eliminating the stepped up basis used to calculate capital gains and death. The point is that all of these require that you accept the notion that now is the time to redistribute wealth. That is what all of these notions are about. This is not about tearing anybody down. This is about generating revenue and also indirectly, and we can talk more about it, about protecting the democratic process.
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